South Pacific Metals (TSXV:SPMC) Accounts Payable & Accrued Expense : C$1.83 Mil (As of Mar. 2024)

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What is South Pacific Metals Accounts Payable & Accrued Expense?

South Pacific Metals's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$1.86 Mil) to Dec. 2023 (C$2.14 Mil) but then declined from Dec. 2023 (C$2.14 Mil) to Mar. 2024 (C$1.83 Mil).

South Pacific Metals's annual accounts payable & accrued expense declined from Nov. 2020 (C$1.13 Mil) to Dec. 2022 (C$0.96 Mil) but then increased from Dec. 2022 (C$0.96 Mil) to Dec. 2023 (C$2.14 Mil).

South Pacific Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for South Pacific Metals's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South Pacific Metals Accounts Payable & Accrued Expense Chart

South Pacific Metals Annual Data

Trend

Nov20

Dec22

Dec23

Accounts Payable & Accrued Expense

1.13

0.96

2.14

South Pacific Metals Quarterly Data
	Feb20	Jun20	Nov20	Feb21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										1.22	1.43	1.86	2.14	1.83

South Pacific Metals Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

South Pacific Metals (TSXV:SPMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Pacific Metals Corp (TSXV:SPMC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KRLCF:USA 6J0:Germany

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.kainanturesources.com

Kainantu Resources Ltd is an Asia-Pacific-focused gold mining company engaged in the acquisition, exploration and development of exploration and evaluation assets in PNG. Its projects are KRL North and South and May River project. It has one operating segment which is the acquisition, exploration and development of exploration and evaluation assets in PNG.

South Pacific Metals (TSXV:SPMC) Headlines

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